DFA Investment Dimensions Group (DFAT) Valuation
DFAT valuation today
Holdings combined · company data as of Oct 26, 2026- P/E (TTM)
- 18.1 trailing earnings
- Forward P/E
- 10.8 analyst estimates
- Price / sales
- 0.88
- Price / book
- 1.49
- EV / EBITDA
- 7.1
- Earnings yield
- 5.53% inverse of P/E
- Dividend yield
- 1.78% of the holdings
- Return on equity
- 8.3% combined
- Net margin
- 4.9% combined
- Beta
- 0.94 weighted, vs S&P 500
DFAT valuation vs other stock ETFs
| ETF | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE | Net margin | Loss-makers |
|---|---|---|---|---|---|---|---|---|
| DFAT | 18.1 | 10.8 | 0.88 | 1.49 | 1.78% | 8.3% | 4.9% | 8.8% |
| SPY | 25.9 | 19.9 | 3.67 | 5.47 | 1.08% | 21.1% | 14.2% | 1.9% |
| QQQ | 34.2 | 23.4 | 5.93 | 9.27 | 0.58% | 27.1% | 17.4% | 6.9% |
| DIA | 20.9 | 18.4 | 3.16 | 5.52 | 1.55% | 26.4% | 15.1% | 0.0% |
| VTI | 28.2 | 19.4 | 3.31 | 5.00 | 1.07% | 17.7% | 11.8% | 4.6% |
| IWM | n/m | 13.9 | 1.25 | 2.03 | 1.38% | −1.7% | −1.0% | 28.1% |
Same method for every fund. n/m = not meaningful (combined trailing earnings below zero or close to it). Loss-makers = weight of holdings with negative trailing earnings.
DFAT valuation by sector
| Sector | Weight | P/E | Fwd P/E | P/S | P/B | Div. yield | ROE |
|---|---|---|---|---|---|---|---|
| Financial Services | 29.1% | 11.1 | 9.5 | 1.88 | 1.23 | 2.49% | 11.0% |
| Industrials | 15.3% | 22.3 | 13.1 | 0.86 | 1.82 | 1.37% | 8.2% |
| Consumer Cyclical | 14.7% | 17.4 | 10.5 | 0.49 | 1.57 | 1.46% | 9.0% |
| Energy | 11.2% | 15.0 | 10.5 | 1.17 | 1.41 | 2.40% | 9.4% |
| Technology | 8.5% | 32.4 | 11.1 | 0.81 | 2.15 | 0.62% | 6.6% |
| Consumer Defensive | 6.9% | 60.4 | 11.8 | 0.45 | 1.66 | 2.42% | 2.8% |
| Healthcare | 6.7% | 51.5 | 13.5 | 1.24 | 1.90 | 0.19% | 3.7% |
| Basic Materials | 3.9% | 201.1 | 9.6 | 0.73 | 1.50 | 1.83% | 0.7% |
| Communication Services | 1.9% | 243.5 | 11.5 | 0.87 | 0.96 | 1.99% | 0.4% |
| Real Estate | 0.9% | 15.5 | 12.0 | 0.51 | 1.29 | 0.49% | 8.3% |
| Utilities | 0.4% | 22.1 | 19.1 | 1.84 | 1.80 | 2.29% | 8.2% |
| Services | 0.1% | 14.2 | 15.3 | 1.60 | 2.99 | 2.71% | 21.0% |
| Financials | 0.1% | 16.2 | — | 4.22 | 1.27 | 1.94% | 7.8% |
DFAT earnings yield vs bond yields
Earnings yield = earnings ÷ price (1 ÷ P/E). The gap to bond yields is a rough gauge of the extra return stocks are priced to deliver.
How DFAT weight splits by P/E
Share of the covered weight in companies with a trailing P/E in each range.
DFAT largest holdings: valuation
| Symbol | Company | Weight | P/E | Fwd P/E | P/S | Div. yield | Share of earnings |
|---|---|---|---|---|---|---|---|
| CNHI | CNH Industrial N.V. | 0.84% | — | — | — | — | — |
| APA | APA Corporation | 0.78% | 10.4 | 9.4 | 2.0 | 2.03% | 1.40% |
| OVV | Ovintiv Inc. | 0.78% | 19.3 | 9.0 | 2.0 | 1.73% | 0.75% |
| DINO | HF Sinclair Corporation | 0.70% | 11.9 | 10.0 | 0.7 | 1.68% | 1.09% |
| SJM | The J. M. Smucker Company | 0.65% | 59.5 | 12.0 | 1.5 | 3.52% | 0.21% |
| BWA | BorgWarner Inc. | 0.64% | 29.1 | 11.9 | 0.8 | 1.17% | 0.41% |
| ARW | Arrow Electronics, Inc. | 0.63% | 13.7 | 5.0 | 0.3 | — | 0.86% |
| TOL | Toll Brothers, Inc. | 0.61% | 10.8 | 10.0 | 1.1 | 0.78% | 1.06% |
| BALL | Ball Corporation | 0.59% | 18.0 | 13.2 | 1.2 | 1.27% | 0.61% |
| RNR | RenaissanceRe Holdings Ltd. | 0.55% | 6.1 | 8.1 | 1.3 | 0.47% | 1.70% |
| PFGC | Performance Food Group Company | 0.55% | 42.7 | 16.6 | 0.2 | — | 0.24% |
| AR | Antero Resources Corporation | 0.55% | 11.1 | 9.0 | 2.1 | — | 0.92% |
| ALLY | Ally Financial Inc. | 0.54% | 8.9 | 6.0 | 1.5 | 3.18% | 1.14% |
| IVZ | Invesco Ltd. | 0.54% | — | 9.5 | 1.8 | 3.05% | −0.24% |
| RVTY | Revvity, Inc. | 0.53% | 73.0 | 24.2 | 5.8 | 0.18% | 0.14% |
| WCC | WESCO International, Inc. | 0.53% | 23.6 | 18.2 | 0.7 | 0.59% | 0.42% |
| AMKR | Amkor Technology, Inc. | 0.51% | 18.8 | 18.8 | 1.4 | 0.80% | 0.51% |
| FHN | First Horizon Corporation | 0.50% | 16.6 | 10.0 | 3.6 | 2.97% | 0.57% |
| GL | Globe Life Inc. | 0.50% | 11.2 | 10.2 | 2.1 | 0.78% | 0.83% |
| BEN | Franklin Resources, Inc. | 0.50% | 21.1 | 10.3 | 1.7 | 4.26% | 0.44% |
| CRBG | Corebridge Financial, Inc. | 0.48% | 21.7 | 6.0 | 0.8 | 2.90% | 0.41% |
| KNX | Knight-Swift Transportation Holdings Inc. | 0.48% | 240.0 | 15.6 | 1.4 | 1.23% | 0.04% |
| UHS | Universal Health Services, Inc. | 0.46% | 7.6 | 7.3 | 0.6 | 0.43% | 1.12% |
| LTH | Life Time Group Holdings, Inc. | 0.45% | 22.1 | 20.2 | 2.8 | — | 0.38% |
| JXN | Jackson Financial Inc. | 0.45% | 143.5 | — | 1.4 | 2.76% | 0.06% |
Share of earnings = the holding's part of the fund's combined trailing profit. Green: earns more than its weight; orange: less. Symbol links go to each company's key metrics.
About DFAT valuation
Adding up its 1,083 holdings with company data, DFAT trades at 18.1 times trailing earnings and 10.8 times analysts' forward estimates, with a price-to-book ratio of 1.49 and a dividend yield of 1.78%. Its earnings yield of 5.53% is 0.21 points above the 5.33% yield to maturity of the U.S. bond market (AGG).
The ten largest holdings are 6.8% of the fund and earn 8.3% of its combined profit. By sector, Communication Services is the most expensive at 243.5 times earnings and Financial Services the cheapest at 11.1. Companies that lost money over the past year are 8.8% of the covered weight.
How these figures are calculated. Each ratio treats the fund as one company: the earnings, sales and book value of every holding are added up in proportion to its weight and divided into the fund's price. In practice that is a weighted harmonic mean, so a single stock with a very high P/E cannot distort the result, and loss-making companies reduce the fund's earnings instead of being dropped. Covers 96.9% of the fund's weight (U.S.-listed stocks with company data); company figures as of October 26, 2026.
Related: DFAT chart, DFAT performance, DFAT holdings, DFAT dividends.
DFAT valuation FAQ
What is the P/E ratio of DFAT?
Based on its holdings, DFAT has a trailing P/E of 18.1 and a forward P/E of 10.8 (earnings of all covered holdings combined in proportion to their weights, as of October 26, 2026).
What is the earnings yield of DFAT?
The trailing earnings yield is 5.53% (1 ÷ P/E) and the forward earnings yield 9.24%. For comparison the U.S. bond market (AGG) yields 5.33% to maturity and T-bills about 3.91%.
Is DFAT more expensive than the S&P 500?
DFAT trades at 18.1 times trailing earnings versus 25.9 for the S&P 500 (SPY); on forward estimates the figures are 10.8 and 19.9.
What is the price-to-book ratio of DFAT?
The holdings of DFAT trade at 1.49 times book value, with a combined return on equity of 8.3%.
Which sector in DFAT has the highest P/E?
Communication Services has the highest P/E at 243.5 and Financial Services the lowest at 11.1.